Illovo Sugar’s owner, Associated British Foods (ABF), has been taken to court by its business partner in Mozambique, Maragra, which has accused the UK-based group of mismanaging their sugar joint venture.

This comes after ABF wrote to Tongaat Hulett's business rescue practitioners (BRPs) to express an interest in bidding for the troubled company's Mozambican assets for cash. ..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.